SOLD
Sold on 24 Jun 2024 for $145,000

48/7 Panorama Drive
Preston Beach WA 6215

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 67m2
Land area: 80m2
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Property Details for 48/7 Panorama Dr, Preston Beach

Building Type
Land
Year Built
2008
Floor Size
67m2
Land Size
80m2
Local Government
Waroona
Lot/Plan
66/S052193

Last Listing description (October 2024)

RWC WA are excited to present an exceptional opportunity to acquire a strategically located site with development approval located at Lot 48, 7 Panorama Drive, Preston Beach. With approval for 56 accommodation units for tourism use offering a range of accommodation types on a land area of 1.1122ha*. The land is unique in relation to its location in the picturesque seaside haven of Preston Beach, bounded by the Indian Ocean, Lake Preston and Yalgorup National Park. Adjoining the property is Footprints Preston Beach, offering relaxed resort style amenities just a short walk to the pristine beaches. For more information or to arrange an inspection, please contact the agent:Brett Wilkins0478 611 168brett.wilkins@raywhite.com*Approx

Property History for 48/7 Panorama Dr, Preston Beach, WA 6215

A timeline of how this property has performed in the market
Last Sold
$145,000
24 Jun 2024
  • 23 Oct 2024
    Listed for Sale $500,000 plus GST
  • 24 Jun 2024
    Sold for $145,000
  • 13 Dec 2021
    Listed for Sale $500,000 + GST
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About Preston Beach 6215

The size of Preston Beach is approximately 72.2 square kilometres. It has 2 parks covering nearly 68.9% of total area. The population of Preston Beach in 2011 was 218 people. By 2016 the population was 226 showing a population growth of 3.7% in the area during that time. The predominant age group in Preston Beach is 60-69 years. Households in Preston Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Preston Beach work in a community and personal service occupation. In 2011, 81.3% of the homes in Preston Beach were owner-occupied compared with 75% in 2016.

Preston Beach has 577 properties. Over the last 5 years, Houses in Preston Beach have seen a 110.17% increase in median value, while Units have seen a 98.89% increase. As at 31 October 2024:

  • The median value for Houses in Preston Beach is $505,155 while the median value for Units is $212,244.
  • Houses have a median rent of $465.
There are currently 7 properties listed for sale, and no properties listed for rent in Preston beach on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Preston beach.

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